Macrovision Solutions Corporation (NASDAQ:MVSN) today announced that
Paramount Home Entertainment has agreed to license Macrovision’s content
protection products, ACP and RipGuard. ACP and RipGuard provide
protection against unauthorized copying of content across packaged media
such as DVD as well as electronic channels such as the Internet, cable
and DBS.
The license also grants Paramount the right to use Macrovision’s
advanced Blu-ray protection technology, BD+. Along with the other
technologies, Macrovision’s BD+ provides an additional content
protection method for content released on Blu-ray. The Blu-ray format
provides consumers with high definition video, a more interactive user
experience via BD-Java, and exciting new features available in the most
recent Blu-ray players with BD-Live.
"We are pleased to continue our long-standing relationship with
Macrovision to preserve Paramount Home Entertainment’s high-quality
products,” said Kelley Avery, Worldwide President of Paramount Home
Entertainment. "Macrovision’s technologies cover a variety of
distribution channels, providing necessary safeguards which benefit both
the Studio and the consumer.”
"As Macrovision continues to add valuable content protection
technologies to their suite of solutions, it provides Paramount with
valuable methods to protect our content when distributed on DVD and
Blu-ray media,” said Chris Carey, Executive Vice President Worldwide
Technical Operations, Paramount Pictures.
"We are delighted that Paramount has chosen to continue its Macrovision
relationship and that Macrovision can aid them in realizing full market
value for their content,” said Fred Amoroso, President and CEO of
Macrovision. "With our solutions, we believe Paramount will be able to
confidently explore a broad set of distribution channels while ensuring
a consistent product to its customers.”
The agreement is for a multi-year term and financial terms were not
disclosed.
About Macrovision Solutions Corporation
Macrovision Solutions Corporation is focused on providing a uniquely
simple digital home entertainment experience by delivering solutions to
businesses to protect, enhance and distribute digital goods to consumers
across multiple channels. Macrovision’s technologies are deployed by
companies in the entertainment, consumer electronics, cable and
satellite, and online distribution markets to solve industry-specific
challenges and bring greater value and a more robust user experience to
their customers. The result of deploying Macrovision’s solutions is a
simple end user experience for discovering, managing and enjoying
digital content. Today, Macrovision provides connected middleware, media
recognition, interactive programming guides, copy protection and rich
media, data and metadata on music, games, movies and television
programming. The company also operates entertainment portals which can
be found at http://www.allmusic.com.
Macrovision holds over 4,000 issued or pending patents and patent
applications worldwide. Macrovision is headquartered in Santa Clara,
California, with numerous offices across the United States and around
the world including Japan, Hong Kong, Luxembourg, and the United
Kingdom. More information about Macrovision can be found at www.macrovision.com.
About Paramount Home Entertainment
Paramount Home Entertainment (PHE) is part of Paramount Pictures
Corporation (PPC), a global producer and distributor of filmed
entertainment. PPC is a unit of Viacom (NYSE:VIA)(NYSE:VIA.B), a leading
content company with prominent and respected film, television and
digital entertainment brands. PHE is responsible for the sales,
marketing and distribution of home entertainment products on behalf of
various parties including: Paramount Pictures, Paramount Vantage,
Paramount Classics, Paramount Famous Productions, Nickelodeon, MTV,
Comedy Central, CBS and PBS, and for providing home entertainment
fulfillment services for DreamWorks Animation Home Entertainment.
© Macrovision 2009. Macrovision is a registered trademark of Macrovision
Solutions Corporation. All other brands and product names and trademarks
are the registered property of their respective companies.
Forward Looking Statements
All statements contained herein that are not statements of historical
fact, including statements that use the words "will” or "is expected
to,” or similar words that describe the Company’s or its management’s
future plans, objectives, or goals, are "forward-looking statements” and
are made pursuant to the Safe-Harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of the Company to be
materially different from the historical results and/or from any future
results or outcomes expressed or implied by such forward-looking
statements. Such factors are further addressed in the Company’s most
recent annual report on Form 10-K for the period ended December 31, 2008
and such other documents as are filed with the Securities and Exchange
Commission from time to time (available at www.sec.gov).
The Company assumes no obligation to update any forward-looking
statements in order to reflect events or circumstances that may arise
after the date of this release, except as required by law.
